10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Navig8 Chemical Tankers Delivers Loss

    20 November 2017
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has delivered a net loss in the quarter ended September 30, mainly due to lower rates. The company’s net loss for the period was at USD 4.9 million, compared to the net income of USD 3.7 million, for the same three months of […]

  • Crew of Hijacked Indonesian Tanker Found

    27 October 2014

    Eleven crew members of the hijacked Indonesia-flagged product tanker Srikandi 515 have been found in lifeboats by Malaysian fishermen, according to Skala Times. The tanker loaded with 3,100 tonnes of palm oil was hijacked while transiting the Sampit shipping channel on October 9, the news site writes. Srikandi 515, owned by Lima Srikandi Jaya, departed Sampit, Kalimantan Tengah, on October […]

  • Maran Orders Two Tankers at DSME

    18 May 2015
    Business & Finance

    South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering Co (DSME) has won an order from Greece-based Maran Tankers Management to build two oil tankers. The contract was signed on Friday, May 15th and entails construction of two 156,000 DWT crude oil tankers slated for delivery in early 2017. The financial terms of the deal have not […]

  • Team Tankers Ups Loan Facility

    20 October 2015
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has increased its existing USD 100 million loan facility by additional USD 50 million. ABN AMRO has joined the facility as the lender of the additional funds, with the remaining USD 100 million provided by  SEB and NIBC Bank. “We are delighted to establish a relationship with […]

  • Vietnamese Authorities Recapture Hijacked Tanker

    23 November 2012

      The ICC International Maritime Bureau (IMB) commends the actions of Vietnamese authorities for the recapture of a vessel hijacked and taken to their waters. The Malaysian-owned tanker ‘Zafirah’ lost communication on 17 November 2012 whilst en route from Pasir Gudang to the port of Miri. Following an IMB alert, Vietnamese authorities were able to […]

  • Robbers Board Tanker off Venezuela

    26 March 2019

    Three robbers armed with knives boarded a crude oil tanker off Venezuela. 

  • Scorpio Tankers Fixes Newbuilding Pair

    12 August 2015
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has found work for two of its LR2 product tanker newbuildings delivered this month from South Korean shipyards. STI Lombard was delivered from Daehan Shipbuilding under the previously announced bareboat charter-in agreement for USD 10,000 per day. Upon delivery, the vessel began a voyage for 45 days at approximately USD 45,000 per day. STI Kingsway was […]

  • Scorpio Tankers Fixes Newbuilding Pair

    12 August 2015
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has found work for two of its LR2 product tanker newbuildings delivered this month from South Korean shipyards. STI Lombard was delivered from Daehan Shipbuilding under the previously announced bareboat charter-in agreement for USD 10,000 per day. Upon delivery, the vessel began a voyage for 45 days at approximately USD 45,000 per day. STI Kingsway was […]

  • Uljanik Plovidba’s Tanker Detained in Australia

    15 October 2018
    Business & Finance

    Croatian-flagged tanker Pomer has been detained in the port of Gladstone, Australia.

  • Stena Line Ferry Collides with Tanker

    20 July 2015
    Business & Finance

    Stena Line’s Ro-Pax vessel Stena Jutlandica carrying 600 people on board collided with a Danish-flagged tanker outside Gothenburg, on Sunday morning, Swedish Coast Guard informed.  The tanker, identified as Ternvind, operated by Terntank, had 13 crew members on board who are all reported to be safe. The ferry sustained a considerable blow in the crash, which saw […]

  • Navig8 Product Tankers Sinks to Loss

    13 February 2017
    Business & Finance

    Norway-based petroleum products shipping company Navig8 Product Tankers reported a full-year net loss of USD 5.2 million, a decrease of USD 31.8 million from a net income of USD 26.7 million seen in 2015.  Total operating revenue for the twelve-month period of 2016 amounted to USD 108.2 million, against 38.2 million recorded in the previous year. […]

  • Spain detains tanker for dumping hydrocarbons

    18 June 2021
    Authorities & Government, Infrastructure, Regulation & Policy, Vessels

    Spanish authorities have arrested an oil tanker in the Port of Almería for the illicit discharge of hydrocarbons.

  • SFL buys LNG dual-fuel chemical tanker duo, seals charter deal with Stolt Tankers

    23 April 2024
    Vessels

    Bermuda-based shipowner and charterer SFL Corporation has decided to acquire two liquefied natural gas (LNG) dual-fuel chemical tankers for a price tag of $114 million.

  • Long Range Tanker Market on Rebound

    11 November 2014

    There has been a significant change in fortunes for struggling long range (LR) tankers in recent months, according to UK-based shipbroker and consultant Gibson. The second quarter figures indicate a switch from the first half’s spot earnings of USD 11,000/day, in which both LR2 and LR1 earnings in the East averaged in October at the […]

  • DMER: Positive Earnings Outlook for Tankers

    5 June 2015
    Business & Finance

    The tanker market dynamics in the short to medium term are skewed in favour of market players as oil prices are expected to stay low and oil producers are not expected to cut supply in a hurry in a bid to protect their market share, Drewry Maritime Equity Research Assessment (DMER) believes. “We see a […]

  • KNOT Names New Shuttle Tanker

    19 November 2014
    Business & Finance

    Norwegian shipping company  Knutsen NYK Offshore Tankers AS held a naming ceremony for a new shuttle tanker on November 12. The shuttle tanker, being built at Cosco Zhoushan Shipyard, was christened Raquel Knutsen, NYK, which owns a 50% share in Knot, said in a release. Raquel Knutsen will be delivered to Repsol Sinopec Brasil S.A […]

  • US: Iranian Tankers Are a Floating Liability

    9 November 2018

    Hook: Iranian tankers are now a floating liability.

  • Ridgebury Crude Eyes Tanker Duo

    22 May 2015
    Business & Finance

    Oslo-listed Ridgebury Crude Tankers LLC has set sights on adding more capacity to its tanker fleet by buying two second-hand tankers with its excess cash. According to a stock exchange filing, the company will purchase two 2003-built (Sumitomo) Aframax tankers currently owned by affiliated company Ridgebury Aframax Tankers. The vessels, which were acquired in late […]

  • Oil Products Tanker Detained in Singapore

    5 December 2017
    Business & Finance

    The 2012-built oil products tanker Angel Star has been arrested in Singapore waters, Supreme Court of Singapore’s data shows. The 6,500 dwt vessel was detained in the morning hours of December 2, 2017. The reason for the tanker’s detention was not disclosed. Focal Investigation & Security Agency has been appointed for security and investigation purposes related […]

  • Navig8 Grabs Eco Tanker Couple

    29 September 2014
    Business & Finance

    Navig8 Chemical Tankers Inc. has signed resale purchase agreements with an unnamed agribusiness group to purchase two  ECO 49,000 dwt chemical tankers currently under construction at Hyundai Vinashin Shipyard Co. Ltd. The tankers were originally ordered by the agribusiness group, speculated to be Wilmar, and are scheduled for delivery in Q1 2015. Navig8 has the option […]

  • Video: Tanker Engulfed in Flames in Indonesia

    25 May 2018
    Business & Finance

    An oil product tanker named Srikandi 511 suffered a fire earlier today, which spread down river.

  • Navios Puts Tanker Duo to Work

    19 December 2014
    Business & Finance

    Greek owner and operator of tanker ships Navios Maritime Acquisition Corporation has chartered out the 2014-built, 49,998 dwt MR2 product/chemical tanker Nave Pyxis and the newbuilding 51,200 dwt MR2 product/chemical tanker Nave Sextans to an unnamed client counterparty for three years at a rate of USD 16,294 net per day. The vessels are expected to generate approximately USD 7 million of […]

  • Scorpio Tankers Takes Delivery of ‘STI Ruby’ (Monaco)

    7 September 2012
    Business & Finance

      Scorpio Tankers Inc. announced on Wednesday (September 5th) that it has taken delivery of STI Ruby, the third MR vessel under its previously announced Newbuilding program. STI Ruby is the third of ten vessels scheduled for delivery under the Company’s Newbuilding program. Upon delivery, the vessel began a time charter for up to 120 […]

  • Infographic: Highest Valued Tanker Company

    25 August 2015

    In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average age of 1 year, time charters-in 17 […]

  • EU Orders Report on Tanker Security

    20 June 2012

    Brussels is to study the consequences of a terrorist attack on a tanker carrying liquefied natural gas, oil or chemicals. The European Commission’s mobility and transport directorate has called for tender documents on the study — the latest in a series of maritime security reports — to be submitted by August 15. The purpose of […]